<SEC-DOCUMENT>0001140361-24-024333.txt : 20240503
<SEC-HEADER>0001140361-24-024333.hdr.sgml : 20240503
<ACCEPTANCE-DATETIME>20240503160609
ACCESSION NUMBER:		0001140361-24-024333
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240501
FILED AS OF DATE:		20240503
DATE AS OF CHANGE:		20240503

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Wotton Paul K
		CENTRAL INDEX KEY:			0001300997
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35280
		FILM NUMBER:		24913038

	MAIL ADDRESS:	
		STREET 1:		C/O ANTARES PHARMA, INC.
		STREET 2:		707 EAGLEVIEW BOULEVARD, SUITE 414
		CITY:			EXTON
		STATE:			PA
		ZIP:			19341

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Vericel Corp
		CENTRAL INDEX KEY:			0000887359
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		ORGANIZATION NAME:           	03 Life Sciences
		IRS NUMBER:				943096597
		STATE OF INCORPORATION:			MI
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		64 SIDNEY ST.
		CITY:			CAMBRIDGE
		STATE:			MA
		ZIP:			02139
		BUSINESS PHONE:		7349305555

	MAIL ADDRESS:	
		STREET 1:		64 SIDNEY ST.
		CITY:			CAMBRIDGE
		STATE:			MA
		ZIP:			02139

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AASTROM BIOSCIENCES INC
		DATE OF NAME CHANGE:	19960428
</SEC-HEADER>
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        <issuerName>Vericel Corp</issuerName>
        <issuerTradingSymbol>VCEL</issuerTradingSymbol>
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            <rptOwnerStreet1>C/O VERICEL CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>64 SIDNEY STREET</rptOwnerStreet2>
            <rptOwnerCity>CAMBRIDGE</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02139</rptOwnerZipCode>
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    <footnotes>
        <footnote id="F1">The Restricted Stock Units (RSUs) converted to phantom stock units and are deferred under the Vericel Corporation Deferred Compensation Plan. The units will be payable only in shares of Common Stock upon the Reporting Person's elected Benefit Distribution Date.</footnote>
        <footnote id="F2">Upon the vesting of RSUs granted to the Reporting Person on May 3, 2023, the Reporting Person deferred the receipt of 3,200 shares of Common Stock and instead received 3,200 shares of Phantom Stock pursuant to the Vericel Corporation Deferred Compensation Plan.</footnote>
        <footnote id="F3">Each RSU represents a contingent right to receive one share of common stock of Vericel Corporation.</footnote>
        <footnote id="F4">These RSUs vest 100% on the earlier of May 3, 2024, or the date of the first Annual Meeting of Stockholders following May 3, 2023.</footnote>
        <footnote id="F5">No expiration date for this type of award.</footnote>
        <footnote id="F6">The option vests over a 1-year period, in equal monthly increments, contingent upon continued service to the Company.</footnote>
        <footnote id="F7">These RSUs vest 100% on the earlier of May 1, 2025, or the date of the first Annual Meeting of Stockholders following May 1, 2024.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Sean Flynn, as Attorney-in-Fact for Paul Wotton</signatureName>
        <signatureDate>2024-05-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</DOCUMENT>
</SEC-DOCUMENT>
